Using Metrics and Consequences in Supplier Scorecards

Published On:

November 19, 2020

Authored By:

APQC

Members-Only Content:

From APQC’s Sourcing and Procurement Blueprint for Success, this article details the importance of using supplier scorecards and having consequences when suppliers’ performance metrics fall short. These findings are supported by APQC’s Open Standards Benchmarking results and a real-world example.

Type:

Articles

Topics:

Supply Chain Management, Procurement, Supplier Certification, Supplier Partnerships, Supplier Relationship Management, Procurement Analytics

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